Vasa Denticity Limited is in the business of marketing and distribution of a comprehensive portfolio of dental products including consumables, instruments, equipment, and accessories for diagnosing, treating and preventing dental conditions as well as improving the aesthetics of the human smile through companies online portal “Dentalkart.com”.
The company operate an online channel housing approximately 300 domestic and international brands with a comprehensive product range of more than 10,000 dental products. In F.Y. 2021-22, Vasa Denticity has delivered over 2 lakhs orders in all the 28 states and 6 Union Territories of India.
The company sell a broad range of dental products including dental consumables such as adhesives, filling materials, and impression materials; dental equipment such as chairs, x-ray machines, and autoclaves; and dental instruments such as forceps, probes, and mirrors.
The company also have a portfolio of more than 30 owned brands, which are manufactured/procured from third parties based on the
specifications built by Vasa Denticity through their dedicated research and development team.
The companies owned brands are available on Vasa Denticity online channels, as well as at third party platforms such as Amazon and Flipkart. The company also provide after sales service in relation to their products.
Vasa Denticity IPO – Details
| IPO Opening Date | 23 May 2023 |
| IPO Closing Date | 25 May 2023 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 42,24,000 Shares Worth ₹54.07 Crore Fresh Issue: 31,74,000 Shares Worth ₹[] Crore Offer For Sale: 10,50,000 Shares Worth ₹[] Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹121 – ₹128 |
| Market Lot | 1000 Shares |
| Min Order | 1000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | MAS Services Limited |
| QIB Shares Offered | 50% |
| Retail Shares Offered | 35% |
| NII (HNI) Shares Offered | 15% |
Vasa Denticity IPO – Date Schedule
| IPO Open Date | 23 May 2023 |
| IPO Close Date | 25 May 2023 |
| Basis of Allotment | 30 May 2023 |
| Initiation of Refund | 31 May 2023 |
| Credit of Shares to Demat Account | 01 June 2023 |
| IPO Listing Date | 02 June 2023 |
Vasa Denticity IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1000 | 1,28,000 |
| Retail (Maximum) | 1 | 1000 | 1,28,000 |
| HNI (Minimum) | 2 | 2000 | 2,56,000 |
Competitive Strengths
- A one stop shop for Dental products with a diverse range of products across customer preferences.
- Digital-first omnichannel distribution.
- Efficient distribution Network.
- Founder-led company supported by a professional management team.
Company Promoters
- Dr. Vikas Agarwal
- Sandeep Aggarwal
- Manish Kumar
- Nakul Varshney
Object Of The Issue
- To Meet Working Capital Requirements.
- Expenditure to enhance visibility and awareness of the brands.
- General Corporate Purpose.
- To meet Offer Expenses.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax |
|---|---|---|---|
| 31 March 2020 | 30.45 | 30.35 | 0.09 |
| 31 March 2021 | 40.17 | 39.73 | 0.32 |
| 31 March 2022 | 77.14 | 71.79 | 5.40 |
| 31 December 2022 | 87.57 | 80.57 | 5.01 |
Vasa Denticity IPO Promoter Holding
| Pre Issue Share Holding | 95.00% |
| Post Issue Share Holding |
Vasa Denticity IPO Prospectus
- Vasa Denticity IPO DRHP
- Vasa Denticity IPO RHP
Company Contact Information
| Vasa Denticity Limited Khasra No. 714, Village, P.O. Chattarpur, South Delhi-110074, India. Phone: +91 85273 60456 Email: cs@dentalkart.com Website: www.dentalkart.com |
Vasa Denticity IPO Registrar
| MAS Services Limited Phone: +91-11-2638 7281/82/83 Email: info@masserv.com Website: www.masserv.com |
Vasa Denticity IPO Lead Manager(s)
| 1. Hem Securities Limited |
Vasa Denticity IPO FAQs
| What is Vasa Denticity IPO ? Vasa Denticity IPO is a SME IPO. The issue is priced at ₹121 – ₹128 per equity share. The IPO is to be listed on NSE SME. |
| When Vasa Denticity IPO will open? The IPO is to open on 23 May 2023 for QIB, NII and Retail Investors. |
| What is Vasa Denticity IPO Investors Portion? The investors portion for QIB-50%, NII-15%, and Retail-35%. |
| How to Vasa Denticity IPO? You can apply Vasa Denticity IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Vasa Denticity IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Vasa Denticity”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Vasa Denticity IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Vasa Denticity”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Vasa Denticity IPO Size? Vasa Denticity IPO size is ₹54.07 crores. |
| What is Vasa Denticity IPO Price Band? Vasa Denticity IPO Price Band is ₹121 – ₹128. |
| What is Vasa Denticity IPO Minimum and Maximum Lot Size? The minimum bid is 1000 Shares with ₹1,28,000 amount while the maximum bid is 1000 shares with ₹1,28,000. |
| What is the Vasa Denticity IPO Allotment Date? Vasa Denticity IPO allotment date is 30 May 2023. |
| What is the Vasa Denticity IPO Listing Date? Vasa Denticity IPO listing date is 02 June 2023. The IPO is to list on NSE SME. |
